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Havells India surges to a 52-week high on UBS ‘Buy’ recommendation!

Havells India surges to a 52-week high on UBS ‘Buy’ recommendation!

8 September 2023

Indian frontline indices started the trading session with a strong performance, marching confidently towards a 52-week high on the bourses. Notably, the real estate, power, utilities, and capital goods sectors led the way as the top performers, each posting gains of over 1%. Meanwhile, BSE Healthcare and BSE Information Technology were the only sectors experiencing …

Phoenix Mills rises on opening ‘Phoenix Mall of the Millennium’ in Pune

Phoenix Mills rises on opening ‘Phoenix Mall of the Millennium’ in Pune

8 September 2023

On Friday, the shares of Phoenix Mills closed at Rs 1841.00, up by 1.57% from its previous closing of Rs 1812.60 on the BSE.  The Phoenix Mills (PML) has opened the gates to its second mall in Pune, ‘Phoenix Mall of the Millennium’. This sprawling retail destination spread across 16 acres and encompassing over 12 …

Exide Industries shares move up on investing Rs 100 cr in Exide Energy Solutions

Exide Industries shares move up on investing Rs 100 cr in Exide Energy Solutions

8 September 2023

Exide Industries has invested Rs 100 crore by way of subscription in the equity share capital of its wholly owned subsidiary, ‘Exide Energy Solutions’ (EESL), on a rights basis. There is no change in the shareholding percentage of the company in EESL pursuant to such an acquisition. The company has made further investments by subscribing …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 2 August 2023

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 2 August 2023

2 August 2023

On Wednesday, the benchmark indices were trading lower with Sensex down around 424 points or 0.63% at 66,036 and the Nifty-50 down around 126 points or 0.65% at 19,607. About 1,801 shares have advanced, 1,404 declined, and 175 are unchanged on the BSE. Top gainers and losers On BSE Sensex Index are as follows: The …

Surya Roshni hits back-to-back 52-week high post results and receives multiple orders!

Surya Roshni hits back-to-back 52-week high post results and receives multiple orders!

28 June 2023

The market experienced a record-breaking opening on Wednesday, as the BSE Sensex Index rose by 0.47%, reaching a level of 63,716, while the NSE Nifty-50 Index increased by 0.48%, reaching a level of 18,908.15.  Today, shares of Surya Roshni surged 4.01% to Rs 927.60 per share from its previous closing of Rs 891.85. The stock …

MRPL Stock Gains Over 7% and Breaks Continuation Pattern: Resilience Shines

MRPL Stock Gains Over 7% and Breaks Continuation Pattern: Resilience Shines

22 August 2023

In a recent bout of trading activity, Mangalore Refinery & Petrochemicals Ltd., a significant player in the Oil and Gas sector, showcases impressive resilience by achieving a remarkable surge of more than 7.17%. This surge strategically places the company just beyond a crucial breakout trendline within a notable “continuation pattern.” Mangalore Refinery & Petrochemicals Ltd …

ONGC – HPCL Merger Benefits

ONGC – HPCL Merger Benefits

17 July 2017

Even as the details of the proposed merger of HPCL into ONGC are expected by the end of July, the broad contours of the deal are already out. The government of India holds 51.11% stake in HPCL and that stake will be hived off to ONGC. As is known, ONGC is India’s largest extraction company …

Power Mech Projects Secures Rs 625 Crore Orders from Hindustan Zinc and Vedanta

Power Mech Projects Secures Rs 625 Crore Orders from Hindustan Zinc and Vedanta

8 September 2023

Power Mech Projects Limited, a prominent engineering and construction company that undertakes mega power projects, has made a significant announcement regarding orders received by the company. As detailed in the official report, Power Mech Projects Limited has been awarded two work orders from prominent players in their respective industries, namely Hindustan Zinc and Vedanta Limited. …

Force Motors shares locked in upper circuit after monthly business update

Force Motors shares locked in upper circuit after monthly business update

7 September 2023

Yesterday, Force Motors reported its August month sales number. Post the announcement, today shares of the company have locked in the upper circuit at Rs 3633.25, up by 5%. Yesterday the script was closed at Rs 3460.25 and today it was opened at Rs 3626.05.  The company has reported the production, sales and export of …

Page Industries: Home of Jockey records a 4.5% stock price jump; here’s why

Page Industries: Home of Jockey records a 4.5% stock price jump; here’s why

7 September 2023

Page Industries Limited holds the exclusive license for manufacturing, distributing, and marketing the JOCKEY® brand in India, Sri Lanka, Bangladesh, Nepal, and the UAE on behalf of JOCKEY International Inc. The company was incorporated in the year 1995.  JOCKEY stands as the flagship brand of Page Industries and holds a dominant position as a market …

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